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Mar 19, 2013
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singer song writer michelle went on rant during a show last might that led more than half the audience to walk out. tonight show goers still outraged and the singer already paying appraise. john is here with the story. >> fans of my shell were simply expecting to enjoy one of the favorite singers but instead they walked out in disgust about an hour that the music. and she did something it never did before. it stopped a show. ♪ there's one thing. >>reporter: starting in the 80's michelle shock built a reputation as alternative folk singer later became a born again christian. last night on this stage in san francisco, she developed a new reputation in just minutes. >> yes, i was offended. >>reporter: james patterson among the 200 patrons who watch the singer launch into anti-gay rant. >> that when they stop proposition 8 and priest are forced at gun point to marry gay people, then that will lead to the downfall of civilization and jesus will return. >>reporter: employee at the club were stunned. marketing director lisa got a call at home about shock was saying. >> hypocracy of the bibl
singer song writer michelle went on rant during a show last might that led more than half the audience to walk out. tonight show goers still outraged and the singer already paying appraise. john is here with the story. >> fans of my shell were simply expecting to enjoy one of the favorite singers but instead they walked out in disgust about an hour that the music. and she did something it never did before. it stopped a show. ♪ there's one thing. >>reporter: starting in the 80's...
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Mar 13, 2013
03/13
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among the targets, michelle obama, vice president biden, the fbi director and attorney general, among celebrities mel gibson, ashton kutcher and jayzee, also the l.a. police chief charlie beck. >> we will vigorously pursue the individuals that an have made me a victim and a number of other people in the public eye victims. >> the website posts what appears to be their social security numbers, addresses and phone numbers and in some cases what looked like their actually credit reports where the other information appears to come from. >> the credit report is the key to everything. if a bad guy has your report, he can commit almost any kind of identity theft. >> some of the data is the kind that can be bought online once a social security number and date of birth are known. among other victims, al gore, sarah palin, hillary clinton and singer beyonce. the data company equifax says at least some of their stolen information appears to come from what it called fraudulent and unauthorized access to the annualcreditreport.com website set up to let consumers see their own credit reports once a
among the targets, michelle obama, vice president biden, the fbi director and attorney general, among celebrities mel gibson, ashton kutcher and jayzee, also the l.a. police chief charlie beck. >> we will vigorously pursue the individuals that an have made me a victim and a number of other people in the public eye victims. >> the website posts what appears to be their social security numbers, addresses and phone numbers and in some cases what looked like their actually credit...
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Mar 18, 2013
03/13
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somebody said on a talk show the other day or maybe weblog they said michelle rhee is wrong. the u.s. is not doing worse than it was doing before. she is sort of exaggerating the problem and that person is actually right when you look at the fact that the academic achievement levels of our kids in america in the 1960's and 70's is pretty much on par with where we are today. so it's true from that vantage point we have not gotten worse. the problem is that there are countries that are leapfrogging ahead of us. countries like what -- latvia and liechtenstein, i'm not kidding, they are growing at two or three times the rate of american kids. if we are singing the same because we are running the school system the exact same way that we were 100 years ago based on the agrarian calendar, and other countries have figured out that you know what, if we want to get ahead we have to educate our kids and put more time in, etc., then we can remain the serve in terms of our academic achievement levels but we are going to fall behind in terms of kind of the global positioning. >> is the ave
somebody said on a talk show the other day or maybe weblog they said michelle rhee is wrong. the u.s. is not doing worse than it was doing before. she is sort of exaggerating the problem and that person is actually right when you look at the fact that the academic achievement levels of our kids in america in the 1960's and 70's is pretty much on par with where we are today. so it's true from that vantage point we have not gotten worse. the problem is that there are countries that are...
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Mar 19, 2013
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. >>> in san francisco, a singer named michelle shock went on an anti gay rant that stunned people in the audience and many walked out. amber lee is here with more on what she said and an almost unheard of response from yoshi's. >> reporter: the concert took place here management tells me the singer song writer has been banned from performing here again. yoshi's is dark on monday's but michelle shock's rant during last night's concert is still playing out tonight. one audience member tweeted this photo the folk singer reportedly said, god hates and then uses a slur for homosexuals and says you can tweet that i said so. >> last night's events should not ever happen, first time in five years that we had to shut down a show. >> reporter: management showed the message that shock left on stage they say many in the audience of 200 walked out when she made the remarks and management pulled the plug. >> my first reaction was turn on the lightget the microphone out of her hands. >> reporter: this is her third performance here there has never been trouble before. she had a relationship with a w
. >>> in san francisco, a singer named michelle shock went on an anti gay rant that stunned people in the audience and many walked out. amber lee is here with more on what she said and an almost unheard of response from yoshi's. >> reporter: the concert took place here management tells me the singer song writer has been banned from performing here again. yoshi's is dark on monday's but michelle shock's rant during last night's concert is still playing out tonight. one audience...
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Mar 13, 2013
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they redesigned the oscar's dress for michelle obama by adding sleeves, and turned her ball gown into a t-shirt. last week, ahmadinejad went to hugo chavez's funeral. at one point this happened. he comforted hugo chavez's grieving mother, a nice human
they redesigned the oscar's dress for michelle obama by adding sleeves, and turned her ball gown into a t-shirt. last week, ahmadinejad went to hugo chavez's funeral. at one point this happened. he comforted hugo chavez's grieving mother, a nice human
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Mar 13, 2013
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they redesigned the oscar's dress for michelle obama b
they redesigned the oscar's dress for michelle obama b
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Mar 15, 2013
03/13
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the article was about obama, and they had the opportunity to talk about michele and her priorities. they talk about women as they want to promote them and yet -- >> anna is just a lap dog suckup, and mentions -- ambassadorship, and don't be late. 'all right. good to see you both. and don't be late. coming up next, the very best applause lines of day one in cpac. the highlight reel rolls when he return. >> there has to be room for a movement in america for miami movement in america for miami who believe inform a free [ fishing rod casting line, marching band playing ] [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. he's going to apply testosterone to his underarm. [ male announcer ] sounds good. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. a
the article was about obama, and they had the opportunity to talk about michele and her priorities. they talk about women as they want to promote them and yet -- >> anna is just a lap dog suckup, and mentions -- ambassadorship, and don't be late. 'all right. good to see you both. and don't be late. coming up next, the very best applause lines of day one in cpac. the highlight reel rolls when he return. >> there has to be room for a movement in america for miami movement in america...
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Mar 13, 2013
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. >>> michelle obama first appeared on the cover of "vogue"ing in 2009 and will make her second appearance this month wearing an ensemble by read cray cough who did the dress she wore in her new official portrait. that's your morning's dish of scrambled politics. dylan dreyer is here with the forecast. >> good morning, everyone. a rainy day up and down the eastern seaboard yesterday. we are going to see improvements today. that cold front also taking the warm air with it. yeah, it was raining yesterday but warm. now it is going to cool off as the sunshine returns. it's pretty chilly across the great lakes too where we have snow showers. they're pretty light but they're numerous extending across most of michigan, stretching down into parts of illinois and indiana over into ohio, too. best chance of accumulating snow will be later this afternoon in the higher elevations across west virginia where we could end up with 1 to 3 inches. other than that, the weather is quiet but we are going to talk about the cold air, single digits and teens across the northern plains and this big dip in the jet
. >>> michelle obama first appeared on the cover of "vogue"ing in 2009 and will make her second appearance this month wearing an ensemble by read cray cough who did the dress she wore in her new official portrait. that's your morning's dish of scrambled politics. dylan dreyer is here with the forecast. >> good morning, everyone. a rainy day up and down the eastern seaboard yesterday. we are going to see improvements today. that cold front also taking the warm air with...
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Mar 15, 2013
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the article was about obama, and they had the opportunity to talk about michele and her priorities. they talk about women as they want to promote them and yet -- >> anna is just a lap dog suckup, and mentions -- ambassadorship, and don't be late. 'all right. good to see you both. and don't be late. coming up next, the very best applause lines of day one in cpac. the highlight reel rolls when he return. >> there has to be room for a movement in america for miami who believe inform a free enterprise system and that should be us. meet the 5-passenger ford c-max hybrid. c-max come. c-max go. c-max give a ride to everyone it knows. c max has more passenger volume than competitor prius v and we haven't even mentioned... c-max also gets better mpg. say hi to the super fuel efficient ford c-max hybrid. i had[ designer ]eeling enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for ma
the article was about obama, and they had the opportunity to talk about michele and her priorities. they talk about women as they want to promote them and yet -- >> anna is just a lap dog suckup, and mentions -- ambassadorship, and don't be late. 'all right. good to see you both. and don't be late. coming up next, the very best applause lines of day one in cpac. the highlight reel rolls when he return. >> there has to be room for a movement in america for miami who believe inform a...
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Mar 17, 2013
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lincoln is in the library, and he means, "distract michelle. i'm going out for a smoke." remember, republicans agreed to raise taxes, and in exchange, we're supposed to be taking an ax to the budget. he wants to raise taxes again. remember this the next time some journalist asks a republican, cassette and are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?"-- "are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?" we are the indians and the obama administration are andrew jackson. we have been through this before. the democrats tripled the budget. it is not true that it was reagan's tax cuts that led to the deficit. the problem was for every additional dollar that came in to the internal revenue service, the democrats were spending another $3. then reagan's knuckle head of a vice president, the first george bush, unable to learn from the first kick of a mule, made the exact same deal with democrats. he raised taxes in exchange for promised cuts in spending. hikell gladly take a tax today for a cut in spendi
lincoln is in the library, and he means, "distract michelle. i'm going out for a smoke." remember, republicans agreed to raise taxes, and in exchange, we're supposed to be taking an ax to the budget. he wants to raise taxes again. remember this the next time some journalist asks a republican, cassette and are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?"-- "are you saying you would not take $1 in tax hikes in exchange for $10 in budget...
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Mar 16, 2013
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carson will speak after michele bachmann finishing at the podium. and scott walker as well as house speaker newt gingrich. told the crowd that republicans and conservatives need to change the way they approach politics, here is more. >> we don't need new principles, but we need lots of ideas how to implement those principles in the 21st century. >> some of the other speakers later today will be former g.o.p. vice-presidential candidate sarah palin and also mia love, the mayor of saratoga, utah had a prime speaking spot last year and kathy mcforest-rogers, a leader in the house of representatives and keynote speaker texas ted cruz who has become a favorite of conservatives. one of the headlines each year at cpac, the results of the straw poll, who people would like to see as the next president. mitt romney won last year and won more than anyone else in the straw poll. we have a look at the straw poll winners recently. romney won four times, texas congressman ron paul often does well here, too, thanks to the number of college students who attend this
carson will speak after michele bachmann finishing at the podium. and scott walker as well as house speaker newt gingrich. told the crowd that republicans and conservatives need to change the way they approach politics, here is more. >> we don't need new principles, but we need lots of ideas how to implement those principles in the 21st century. >> some of the other speakers later today will be former g.o.p. vice-presidential candidate sarah palin and also mia love, the mayor of...
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Mar 20, 2013
03/13
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michelle caruso-cabrera is on the ground right now. she joins us live with the very latest from cyprus. over to you, michelle. >> reporter: hey, there, maria. the very latest that the cyprus plan tried in part trying to raid a pension fund. cash in the pension fund used now and promising to pay the workers later. but their european partners said, no, that's not going to work, because all you're going to do is defer liabilities. it doesn't help your debt profile. so we don't like that. now they're working on plan "c." the question is, what is that? here's the very latest, the bank holiday, as a result of all of this indecision and inaction has been extended and now it looks like the banks will not open until tuesday of next week, a full week without the banking system operating. the minister of finance is in russia, trying to square away a deal there. we haven't had any good results from there. and then very, very worrisome, a member of the ecb talking even tougher late today, suggesting that if they don't come up with a deal here in cy
michelle caruso-cabrera is on the ground right now. she joins us live with the very latest from cyprus. over to you, michelle. >> reporter: hey, there, maria. the very latest that the cyprus plan tried in part trying to raid a pension fund. cash in the pension fund used now and promising to pay the workers later. but their european partners said, no, that's not going to work, because all you're going to do is defer liabilities. it doesn't help your debt profile. so we don't like that. now...
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Mar 18, 2013
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. >> hey, michelle. gold has been under pressure. strong economic data surging stock market but rising today as the investors bailout has them searching for safe haven breaking 1600 for the first time since late february. miners rise iing, all higher ri now. >> given the reason that gold has risen today, i think you can short it today and cover your short tomorrow. it will fall back. >> i would fade this rally. i don't think gold has a fundamental reason to go higher and will continue the downward trend. >> no gold owns >> i would rather own silver where there is industrial exposure. >> platinum. you have potential for supply disruption in south africa. if you have precious metals, where you go. >> wow, no china play here or nothing? >> other ways to play china, not necessarily just gold. >> i was thinking inflation everybody loves to talk about. >> if gold is still above 1600 when we get off air, i am going to short it. >> final trade. >>> the new york exchange optioning its mini option. what is a mini option, bob? >> a smaller vers
. >> hey, michelle. gold has been under pressure. strong economic data surging stock market but rising today as the investors bailout has them searching for safe haven breaking 1600 for the first time since late february. miners rise iing, all higher ri now. >> given the reason that gold has risen today, i think you can short it today and cover your short tomorrow. it will fall back. >> i would fade this rally. i don't think gold has a fundamental reason to go higher and will...
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michelle? >> reporter: hi there, tyler. the latest is the president says he's going to meet with parliament tomorrow morning. there's still no plan here. in fact, you heard about plan a which was to tax deposits. now we have heard that plan b has been rejected by the troika as well. cyprus government said to the troika, their european partners who they want them to lend money to, they said to them, listen, instead of taxing deposits why don't we do this instead. we have a pension fund, we'll raid it, take the cash, turn it into bond and we'll pay it back over time. the troika said that doesn't do anything for you. you still have liabilities. then they said we're also going it try to sell one of the bad banks. and the fact of the matter is if the bad bank were sellable, people like chris flowers and wilbur ross and tim collins would have been here a long time trying to buy it. they said maybe we'll split it up, divide it into the good bank and bad bank. we'll sell the good bank to the russians and the troika said selling the
michelle? >> reporter: hi there, tyler. the latest is the president says he's going to meet with parliament tomorrow morning. there's still no plan here. in fact, you heard about plan a which was to tax deposits. now we have heard that plan b has been rejected by the troika as well. cyprus government said to the troika, their european partners who they want them to lend money to, they said to them, listen, instead of taxing deposits why don't we do this instead. we have a pension fund,...
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Mar 17, 2013
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michelle obama made a speech at the university of iowa. they had set up on of the early voting places right across the street. she gave her speech and marched right out to vote. that is the way they got a lot of their votes. there is some fraud, too. you know that. then you look at the republicans. unfortunately we let the establishment pick another loser for us. the fight we have and the fight i am asking you to engage in is between the establishment and the grass roots. the establishment has given us a whole series of losers, bob dole and john mccain and mitt romney. even when they picked a winner they picked somebody who spent more than the democrats, added more programs that cost money to the taxpayers, and he tried to give us open borders to the north american union and through the amnesty that he lined up with ted kennedy. we need to have the grassroots takeover and elect the kind of candidate sarah palin has been backing. that is your challenge. i urge you to be a part of the republican party because we have a two-party system, a th
michelle obama made a speech at the university of iowa. they had set up on of the early voting places right across the street. she gave her speech and marched right out to vote. that is the way they got a lot of their votes. there is some fraud, too. you know that. then you look at the republicans. unfortunately we let the establishment pick another loser for us. the fight we have and the fight i am asking you to engage in is between the establishment and the grass roots. the establishment has...
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Mar 21, 2013
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how do they feel about this, michelle? >> reporter: they are so angry. they think that they have been treated very poorly by the euro group. they are insulted, some of them, at the prospect of taxing any deposits whatsoever. they don't want even the wealthy depositors to be taxed because they see it as an attack on their system here, their business model for the country, which contributes 50% of the gdp. they know there are going to be job losses widespread because they're shrinking the banking sector on purpose. that's really going to hurt here. >> michelle, thank you very much. we'll see you again. great reporting. >>> the trillion-dollar question, folks, is this. is cyprus a potential black swan with huge unforeseen consequences, or just a little island sideshow with no impact on your money? let's ask cio at bmo private bank and steve oth at federated investors. jack, how important is cyprus? >> it is important, brian. this is really the first test of eurozone financial system will. it's finally come down to an insolvency. and the fact that they were
how do they feel about this, michelle? >> reporter: they are so angry. they think that they have been treated very poorly by the euro group. they are insulted, some of them, at the prospect of taxing any deposits whatsoever. they don't want even the wealthy depositors to be taxed because they see it as an attack on their system here, their business model for the country, which contributes 50% of the gdp. they know there are going to be job losses widespread because they're shrinking the...
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Mar 18, 2013
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michelle? >> there is a statement out, melissa but first let me tell you some reporting i've done that shows that -- at least two sources tell me that it's quite likely that senior bank debt holders in non-viable banks in cyprus will likely take losses. this is a change from what we had seen previously. it looked like they were going to go after depositors, perhaps without touching the senior bank debt holders. this is likely a reflection of the fact that they are trying to reduce the burden on taxing those below the 1 hupp,000 euro threshold, which is the level of insured deposits. so it looks like there's a shift going on in terms of trying to shift the burden sharing and for the first time in a significant way perhaps senior bank debt holders in europe are going to take losses. same time in the euro group statement they say they encourage the protection of depositors below the 100,000 euro but as long as cyprus still comes up with the 5.8 billion euros that they have to do. so that's what th
michelle? >> there is a statement out, melissa but first let me tell you some reporting i've done that shows that -- at least two sources tell me that it's quite likely that senior bank debt holders in non-viable banks in cyprus will likely take losses. this is a change from what we had seen previously. it looked like they were going to go after depositors, perhaps without touching the senior bank debt holders. this is likely a reflection of the fact that they are trying to reduce the...
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Mar 18, 2013
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michelle is here with us on set. michelle, for the u.s. investor, we start looking at these things, try to figure out what it all means. >> they violated the insurance threshold. like i said before, imagine you have your money in a bank in the united states. the fdic comes in and takes it over. because it's failing. and they tell you, oh, by the way, you thought you were protected up to 250,000. you're not. so the reason why people are worried about runs across europe is they see this and they think, oh, my god, could that happen to me here in italy? could that happen to me here in spain? >> do they have the equivalent of an fdic there? >> it's country by country, by cypress had a 1100,000 threshold, so they violated this threshold. so this new theme, it doesn't matter. it's still the violation of that trust that you thought you had in the bank. the second thing that's happened is they violated the capital structure. how do things work here in the united states when you're busting up a bank? you start blowing through the bottom, right? you
michelle is here with us on set. michelle, for the u.s. investor, we start looking at these things, try to figure out what it all means. >> they violated the insurance threshold. like i said before, imagine you have your money in a bank in the united states. the fdic comes in and takes it over. because it's failing. and they tell you, oh, by the way, you thought you were protected up to 250,000. you're not. so the reason why people are worried about runs across europe is they see this and...
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Mar 21, 2013
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michelle is talking about a good bank/bad bank, nobody pays on deposits up to $100,000. the bailout is 10 billion euros from the european -- ecb. the bail-in is about $6 billion euros. so greece is looking for whatever they're looking for, $4 billion, $5 billion. or does europe bail that out even more? >> the biggest factor of all, dan and i were talking a couple minutes ago, the depositors above 100,000 will lose 40% to 50%. >> those are russians. they're going to be pissed off. >> the great systemic problem of giant bank failures is somewhat eliminated by what they're putting forward now. >> what do you think, dan? does this work? >> for our viewers i don't think it matters. the specifics are super interesting, we're going to go have a drink. what matters to people at home, what matters to the larger story is we decided that people's property in banks was not their own. >> in europe or in the u.s., too? >> in europe only. >> they wouldn't pull that here. >> one never knows but, no, they would never put that here. whatever bank is -- >> terribly important, because it's
michelle is talking about a good bank/bad bank, nobody pays on deposits up to $100,000. the bailout is 10 billion euros from the european -- ecb. the bail-in is about $6 billion euros. so greece is looking for whatever they're looking for, $4 billion, $5 billion. or does europe bail that out even more? >> the biggest factor of all, dan and i were talking a couple minutes ago, the depositors above 100,000 will lose 40% to 50%. >> those are russians. they're going to be pissed off....
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the second is, as michelle said earlier, a lot of firsts here. particularly, the ecb used to be a chairman to supporter of the depositors. here they are joining an imposition of attack and loss on the depositors and completely calls into question what the central bank loan is supposed to be in a crisis like this. >> if we rule out the worse case scenarios here in terms of global investors, let me bring you into the conversation because one of the biggest fears is if there is a capital slide or a deposit slide from areas not just southern europe, stabilize the global financial system, which includes us. this is a scenario that is possible in your mind. >> well, we have seen today there's no bank run in spain or italy and that's the key. they didn't think, wow, we're going to be next. we're going have our deposits confiscated. so at the moment, this certain of financial zombie apocalypse is still within the island of cyprus. if it escapes then all bets are off. i think where you're going to put your money if you're a depositor, very few safe places
the second is, as michelle said earlier, a lot of firsts here. particularly, the ecb used to be a chairman to supporter of the depositors. here they are joining an imposition of attack and loss on the depositors and completely calls into question what the central bank loan is supposed to be in a crisis like this. >> if we rule out the worse case scenarios here in terms of global investors, let me bring you into the conversation because one of the biggest fears is if there is a capital...
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Mar 20, 2013
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michelle caruso-cabrera is standing by. michelle? >> hey, there, scott. cyprus has to move on to plan "c" because plan "b" has been rejected by troika. cyprus went to the troika and said instead of depositing the deposits in the bank what if we we raided a pension fund? like 4 billion euros and they don't like that because if you raid it now, you get cash. you've got to pay the workers down the road. so you still have liabilities. you have increased them. doesn't do anything for your debt sustainabilities. what if we sell the good banks to the russians, and the troika said it's the bad bank that's the problem. who who's going to absorb the losses so we're back to square one. ultimately now if the european union doesn't blink and if the russians don't come through with another plan, cyprus faces a choice. they either wind down the two big banks and a lot of people are taking a lot of losses though the insured depositors can be protected or they leave the euro. we'll have to hear a decision within the next couple of days. in the meantime, we have three grap
michelle caruso-cabrera is standing by. michelle? >> hey, there, scott. cyprus has to move on to plan "c" because plan "b" has been rejected by troika. cyprus went to the troika and said instead of depositing the deposits in the bank what if we we raided a pension fund? like 4 billion euros and they don't like that because if you raid it now, you get cash. you've got to pay the workers down the road. so you still have liabilities. you have increased them. doesn't do...
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Mar 13, 2013
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abc television reports first lady michelle obama, vice president joe biden and pop singer beyonce are among those whose personal information may have been stolen. users can see a list with the alleged personal information on a website, including social security numbers and phone numbers. president obama told abc he is not sure whether the claims are you a thentive but authorities are investigating the case. >>> officials at unicef are calling for more support of children in syria. the officials outlined the risks in their latest report syria's children, a lost generation. >> as the crisis in syria enters its third tragic year without any end in sight, the risk of a lost generation which we refer to in our title grows every hour, every day, every month. >> unicef officials say 1 million syrians have fled to neighboring countries. more than half the refugees are under 18 years old. aide workers are trying to build schools and refugee camps but only received one-fifth the funding they need. aide workers have been providing drinking water and clothing but fighting between government and o
abc television reports first lady michelle obama, vice president joe biden and pop singer beyonce are among those whose personal information may have been stolen. users can see a list with the alleged personal information on a website, including social security numbers and phone numbers. president obama told abc he is not sure whether the claims are you a thentive but authorities are investigating the case. >>> officials at unicef are calling for more support of children in syria. the...
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Mar 18, 2013
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michelle caruso cabrera on the insides of that deal and reverberations. she's on her way soon to that part of the world. steve liesman on his way soon to westchester county. robert, who knows where he's going. what it might mean for russia's rich. >> nondisclosed location. >> tyler, i'm looking at the markets and the commentary coming in to my e-mail. i think knee-jerk contagion is now becoming contagion as some investors doubt that what's going on in cyprus is really raising concerns about the positive insurance worldwide. citi group in a report that just came out, contagion risks are over rated in our view. the risk of bank runs in other euro area countries has clearly risen but the unique features of the cypriot situation should limit the read through to other cases in the euro area. in case you didn't know this, issuing a strong statement the reassure american depositors. while the situation in cyprus is a real concern for the depositors in cypriot's banks, depositors in the u.s. banks are insured. the cyprus debacle is the sort of thing that has kept
michelle caruso cabrera on the insides of that deal and reverberations. she's on her way soon to that part of the world. steve liesman on his way soon to westchester county. robert, who knows where he's going. what it might mean for russia's rich. >> nondisclosed location. >> tyler, i'm looking at the markets and the commentary coming in to my e-mail. i think knee-jerk contagion is now becoming contagion as some investors doubt that what's going on in cyprus is really raising...
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Mar 14, 2013
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beyonce, the president's wife, michelle obama, a number of people have perm data out in the public marketplace. adam, to you. what do you think of the story? >> what happened is it's less of a hacking story and more of an improper use of information that may have been the fruit of hacking that was used to fool awe tent -- aweauthentication systems. there's so much information out there about us that either we mistakenly give or data bases that go all levels of government, and as well as businesses, have been hacked, and this points out the fact it's no longer an issue if someone a victim of identity theft, but when. gerri: wow. it's interesting because essentially what the fellows, i assume, did was they went on the website and pretended they were michelle obama and filled out the forms to get their data. now, some of the information was accurate, some was not. this is what equ ifax said. we're aware of the reports retaining nonauthorized access, and there's four consumer credit reports occurred. more names were reported, but, john, to you. what do you think of this story? what's the lesson fo
beyonce, the president's wife, michelle obama, a number of people have perm data out in the public marketplace. adam, to you. what do you think of the story? >> what happened is it's less of a hacking story and more of an improper use of information that may have been the fruit of hacking that was used to fool awe tent -- aweauthentication systems. there's so much information out there about us that either we mistakenly give or data bases that go all levels of government, and as well as...
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Mar 21, 2013
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michelle? >> reporter: yes, hi there, sue. about 100 meters that way or where you see all the prote protesters, they gathered a couple hours ago. they learned that the bank is going to be shut down, one of the two insolvent banks here in cyprus, one of the measures they're going to likely have to take in order to secure a bailout. behind me is the parliament. inside we understand that they are going to pass a law that gives the central bank the right to shut down banks in this country. they didn't have the right to do that before. if you don't understand a lot about banking or bailouts, this is very simple. if you shut down a bad bank, you save a lot of money. if you try to save a bad bank, it costs a lot of money. you have to pour capital into it. you have to dig a hole in the ground and pour money into it to have a very strong base for a bank. the worse the bank is, the more it's going to cost. it gets a lot cheaper just to shut it down. they're going to split into a good bank and a bad bank. the impaired assets will sell of
michelle? >> reporter: yes, hi there, sue. about 100 meters that way or where you see all the prote protesters, they gathered a couple hours ago. they learned that the bank is going to be shut down, one of the two insolvent banks here in cyprus, one of the measures they're going to likely have to take in order to secure a bailout. behind me is the parliament. inside we understand that they are going to pass a law that gives the central bank the right to shut down banks in this country....
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Mar 20, 2013
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reports that the republicans rich, stuffy, and sarah palin and michele bachmann, and dr. ben carson have something to say about that. you'll hear from them directly. that's next. in two minutes, a bus driver gets an important call from her son, the marine in afghanistan. why is that call putting your job-- or her job, rather, at risk. that's minutes away. [ male announcer ] how do you measure happiness? by the armful? by the barrelful? e carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. campbell's. ♪ savor and explore, a the great indoors ♪ ♪ ♪ friskies indoor delights. ♪ feed the senses. [ ship horn blows ] no, no, no! stop! humans. one day we're coming up with the theory of relativity, the next... not so much. but that's okay -- you're covered with great ideas like optional better car replacement from liberty mutual insurance. total your car and we give you the money to buy one a model year newer. learn about it at libertymutual.com. liberty mutual
reports that the republicans rich, stuffy, and sarah palin and michele bachmann, and dr. ben carson have something to say about that. you'll hear from them directly. that's next. in two minutes, a bus driver gets an important call from her son, the marine in afghanistan. why is that call putting your job-- or her job, rather, at risk. that's minutes away. [ male announcer ] how do you measure happiness? by the armful? by the barrelful? e carful? how about...by the bowlful? campbell's soups give...
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Mar 19, 2013
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that was first lady michelle obama this morning honoring 14 women vets as champions of change in their communities and giving an update on her push to get the country's biggest corporations to hire more veterans on this tenth anniversary of the iraq war. let's remember that the unemployment rate for iraq and afghanistan veterans stands at 9.4%. well above the national average. and for women, it is actually even worse with an 11.6% unemployment rate. our next grefts two women on a mission to change that by giving our veterans the tools they need to go from battlefield to boss. with us now, the founder, president and ceo of count me in for women's economic independence, and c.j. scarlet, a former marine and founder of roving coach. and c.j., let's start with you. do you think that military service gives women a particular leg up when it comes to being entrepreneurs and actually striking out on their own, starting their own business? >> absolutely. i believe that the military gives you this opportunity to develop discipline and leadership skills that you don't get in a civilian world. and
that was first lady michelle obama this morning honoring 14 women vets as champions of change in their communities and giving an update on her push to get the country's biggest corporations to hire more veterans on this tenth anniversary of the iraq war. let's remember that the unemployment rate for iraq and afghanistan veterans stands at 9.4%. well above the national average. and for women, it is actually even worse with an 11.6% unemployment rate. our next grefts two women on a mission to...
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Mar 21, 2013
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michelle? >> we are a lot closer to a resolution than we have been throughout this crisis. that's the broad headline. here are some of the details. the way it will get resolved will make a lot of people in cyprus unhappy. a lot of bank employees showed up to prot the unfolding plans. the magic number was 5.8 billion euros. they need new revenue or savings in their budget. they do that and europe says we'll give you 10 billion euros for a bail-out loan. how you going to get there? they didn't want to tax depositors. they're going to resolve at least one bank. brussels would like them to do two. that means getting rid of bad banks over time. that means losses of employment, uninsured depositors will take very large hits. insured depositors will remain whole and the banking system will stay afloat. this will please the european central bank so that everything can re-open on tuesday, if everything goes according to plan. as long as these guys in the parliament vote on this tomorrow. >> keith, i want ask you this because there are a lot of ifs. is this any better for the stock m
michelle? >> we are a lot closer to a resolution than we have been throughout this crisis. that's the broad headline. here are some of the details. the way it will get resolved will make a lot of people in cyprus unhappy. a lot of bank employees showed up to prot the unfolding plans. the magic number was 5.8 billion euros. they need new revenue or savings in their budget. they do that and europe says we'll give you 10 billion euros for a bail-out loan. how you going to get there? they...
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Mar 19, 2013
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the banks remain closed, demonstrations are starting to take shape and our michelle ka rus michelle will have a live report later. >> keep our cash. get it in the bank. >> find the people responsible for this mess, prosecute them, put them in prison. >> obviously that gentleman is extremely mad. the other side of the story is also anger from russia on a deal to tax those banks accounts because so many russians keep their money in cyprus. so peter, my question to you is, as the finance minister is expected to go to russia tonight, how could russia retaliate? how could the russian government, because it is so angry, what will they do and what could they do? >> well, there are a lot of reactions they could have. first of all, it's hard for me to see shock. it's an island that created eight times of its economy in foreign deposits. most of those were from russia. we're talking about something like 20 billion euros, almost $40 billion worth. the fact is, they are going to be taxed. if you think about a banking system where the banking system is self is eight times the island of the economy, t
the banks remain closed, demonstrations are starting to take shape and our michelle ka rus michelle will have a live report later. >> keep our cash. get it in the bank. >> find the people responsible for this mess, prosecute them, put them in prison. >> obviously that gentleman is extremely mad. the other side of the story is also anger from russia on a deal to tax those banks accounts because so many russians keep their money in cyprus. so peter, my question to you is, as the...
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so, in that note, please join in the thanking michelle rhee. [applause] >> up next, after words with guest host jamie weinstein. this week, kim ghattas and her book: the secretary, a journey with hillary clinton from beirut to the heart of american power." she conditions miss clinton's role, and whether u.s. power is in decline. the program is about an hour. >> where we should begin is to talk about your biography. i think as much as this book is about hillary clinton and her time as secretary of state, it's also about your experience from beirut to covering the secretary of state around the world. so, why don't you just begin by talking about where you came from. >> guest: great. thank you very much for having me. i'm delighted to be here and delighted by your first question. the star, the biggest star in the book is hillary clinton herself. but this isn't just a biography of an historic woman. it's also a different take on the whole issue of american power, and as you mention i come from beirut. i grew up there i was born in beirut in the mid
so, in that note, please join in the thanking michelle rhee. [applause] >> up next, after words with guest host jamie weinstein. this week, kim ghattas and her book: the secretary, a journey with hillary clinton from beirut to the heart of american power." she conditions miss clinton's role, and whether u.s. power is in decline. the program is about an hour. >> where we should begin is to talk about your biography. i think as much as this book is about hillary clinton and her...
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>> well, luckily michelle feeds him plenty of vegetables at home. he's going to be very, very used to that. there are a lot of products made kosher for passover. a lot of my friends in new york coke and pepsi made with real sugar. >> a bit of historical perspective. the reason that like unleavened bread, why it has to be so. explain to people who don't know. >> okay. so this hotel doesn't just keep kosher, this is preparation to be kosher for passover, which means getting rid of all of these grains that may have basically if they're in touch with water for 18 minutes they may have sprouted. they also have to go through an intensive process to clean all the surfaces that may have come into contact with the forbidden foods during the time. they have to boil water and pour it over surfaces, heat ovens up to a certain temperature and also bring out special instruments and utensils only used during passover. it's part of the ritual. >> all right. good to see you. >> fascinating stuff. >> yeah. unleavened bread is because when the hebrew slaves fled from
>> well, luckily michelle feeds him plenty of vegetables at home. he's going to be very, very used to that. there are a lot of products made kosher for passover. a lot of my friends in new york coke and pepsi made with real sugar. >> a bit of historical perspective. the reason that like unleavened bread, why it has to be so. explain to people who don't know. >> okay. so this hotel doesn't just keep kosher, this is preparation to be kosher for passover, which means getting rid...
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quality of labeling or anything else or individual decisions yeah you bring an interesting point up there michel that it's policy decisions over but do you think that there needs to be more standards in place i think standards are very important i think rules and regulations are important but i have to take a little bit of issue with the whole lifestyle issue because you know if we're lucky enough three times a day if we ate then that is money that we're spending to direct to society if we're choosing organic products if we're choosing plant based foods if we're choosing certain things we know that the money is being directed by from our own posts into. develop conversely if we're buying products which are destroying the environment which produced unsustainably which are not ethical which are hurting animals we know that that's where we're putting our money as well and the thing about food particularly and looking at any of these products is that our own consumer choices really are driving a culture and their driving industry and it's the easiest and most simple activist action that we can take
quality of labeling or anything else or individual decisions yeah you bring an interesting point up there michel that it's policy decisions over but do you think that there needs to be more standards in place i think standards are very important i think rules and regulations are important but i have to take a little bit of issue with the whole lifestyle issue because you know if we're lucky enough three times a day if we ate then that is money that we're spending to direct to society if we're...
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first lady michelle obama is everywhere this these days. from late-night talk shows to the academy awards. and come april, she will be on newsstands everywhere, becoming the first american first lady to grace the glossy cover of "vogue" twice. cnn's first lady of fashion, alina cho, has more. >> reporter: second term. second cover. first lady michelle obama in "vogue" again. >> there's something so groundbreakingly modern about the obamas. they are the first black president and first lady. and anna wintour of "vogue" is crazy about them. >> reporter: "vogue's" editor in chief, once rumored to be the next ambassador to the u.k. it's her friend, the first lady, appearing on "vogue's" april cover, wearing a sleeveless dress by reed krakoff. the same designer mrs. obama chose for the inauguration. here she is in michael kors. but jonathan van meters spoke to both of them. >> them as a couple. how they live in the white house. how they deal with the bubble. >> reporter: what struck him? >> they're sweet with each other. if there's any married co
first lady michelle obama is everywhere this these days. from late-night talk shows to the academy awards. and come april, she will be on newsstands everywhere, becoming the first american first lady to grace the glossy cover of "vogue" twice. cnn's first lady of fashion, alina cho, has more. >> reporter: second term. second cover. first lady michelle obama in "vogue" again. >> there's something so groundbreakingly modern about the obamas. they are the first...
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michelle gerard, chief u.s. economist at rgf, kevin ferry of cronus futures management. michelle, what we finally decided yesterday was the fed gets more cover to keep doing what it's doing. just about anything you can turn into a positive when you have a fed -- >> exactly. that's exactly right. bad news that undermines the equity markets and in the sense of saying, well, the fed will end up editing to keep rates lower. >> even if the contagion doesn't hit europe and it doesn't come here, it's just knowing -- >> that's the down side risk against the fed in an accommodative mode, not quick to pullback whether we're talking about hiking, layoffs or what's the more pressing issue in the marketplace is how soon they may cale back on their purchases. that is now off the radar screen as people are more concerned about europe, the sequester. all these things which will keep the fed in a very accommodative mode. only the make sure they have the support. >> 27 places to keep the fed going. to give ben cover, right? >> not only in europe, but, again, even domestically. i would ten
michelle gerard, chief u.s. economist at rgf, kevin ferry of cronus futures management. michelle, what we finally decided yesterday was the fed gets more cover to keep doing what it's doing. just about anything you can turn into a positive when you have a fed -- >> exactly. that's exactly right. bad news that undermines the equity markets and in the sense of saying, well, the fed will end up editing to keep rates lower. >> even if the contagion doesn't hit europe and it doesn't come...
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>> eric: or michelle obama for that matter. >> dana: president obama probably thinks i wish i could have one. >> eric: that's it. go to go. see you tomorrow, everybody. ♪ >> bret: the next generation of republican presidential hopefuls goes on display in washington. this is "special report." ♪ ♪ >> bret: good evening. i'm bret baier. conservative republicans many shell-shocked over losing in november are licking their wounds and focus on the future. this weekend here in the washington area. conservative political action conference or cpac is underway. features some from elections past and the hopes of elections yet to come. for republicans. chief political correspondent carl cameron has the top story. >> the 2013 political conservative ; conference, cpac the first presidential cattle call and fresh new faces led off. >> ly tell you what the criticism on the left will be. they didn't offer new ideas. there is the fallacy of it. we tonight need a new idea. there is an idea. the idea is called america. it still works. >> marco rubio, the florida u.s. senator of cuban descent who could
>> eric: or michelle obama for that matter. >> dana: president obama probably thinks i wish i could have one. >> eric: that's it. go to go. see you tomorrow, everybody. ♪ >> bret: the next generation of republican presidential hopefuls goes on display in washington. this is "special report." ♪ ♪ >> bret: good evening. i'm bret baier. conservative republicans many shell-shocked over losing in november are licking their wounds and focus on the future....
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Mar 16, 2013
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watch video of michelle alexander at booktv.org and read "the new jim crow" and then on tuesday, march 26th at 9 p.m. eastern, join us live online with your questions and comments on "the new jim crow." >> next, historian hugh howard recounts the war of 1812 from the viewpoint of president james madison and first lady dolly madison. the author examines president madison's decision to declare war, the first president to do so, and the succeeding battles on land and sea as america fought its second war for independence from britain. this is a little under an hour. .. we will ask staff take? maybe. or maybe not. just didn't hold up. or yes. even though hugh howard and i are fast friends and had more than a few beers together over the years and written many chair left side by side while skiing doesn't necessarily follow that i would staff pick his excellent new book. i did it because it is in fact an excellent book. moron that in a moment. hugh howard's book shop working in new york for various publishing houses for ten years. as an architectural historian he wrote a series of articles for
watch video of michelle alexander at booktv.org and read "the new jim crow" and then on tuesday, march 26th at 9 p.m. eastern, join us live online with your questions and comments on "the new jim crow." >> next, historian hugh howard recounts the war of 1812 from the viewpoint of president james madison and first lady dolly madison. the author examines president madison's decision to declare war, the first president to do so, and the succeeding battles on land and sea...
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how about michelle obama flying all over the country on our dime. with all the fuel it takes plus security we have to provide like shand the president are on permanent vacation. after being retired, recently had to return to the workforce. i don't watch much tv, but attempt to stay informed therefore have concluded "the willis report" is the only reason to watch television. appreciate that. and did you know there is literally an elephant in the room in washington. thanks to uncle sam, taxpayers spending plans of dollars on dumbo and not talking about petty cash. $3.8 million to decrease human elephant conflict. in africa. and don't think you're off the hook this year. an additional way to continue the good fight next year. a huge waste and abuse under wax care dollars. are they clearly nuts. i suggest they start right here. that is my two cents more. thank you for joining as. we will see you right back here tomorrow. ♪ lou: good evening, everybody. the fbi has announced an investigation into possible chinese espionage carried out within the walls
how about michelle obama flying all over the country on our dime. with all the fuel it takes plus security we have to provide like shand the president are on permanent vacation. after being retired, recently had to return to the workforce. i don't watch much tv, but attempt to stay informed therefore have concluded "the willis report" is the only reason to watch television. appreciate that. and did you know there is literally an elephant in the room in washington. thanks to uncle sam,...
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back to you guys. >> thanks, michelle. the banking crisis in cyprus keeping global investors on edge. joined by the u.s. equities strategist at jpmorgan. and from charlotte, john lynch, regional chief investment officer at wells fargo. welcome in. and tom, i think back on how many times you've been on and how many times you've probab probably -- we've asked you -- i can put in different scenarios. this time it's cyprus. but how many times have we asked you about, what about this? are you still bullish? are you still bullish? >> yeah, you know, i think long-term i think everything in place for bull market still remains intact. it's driven by a housing recove recovery. but in the short-term, i think we do have to be somewhat careful about this. i just don't want to be underestimating, you know, the situation in cypress. >> do you -- strategists at major firms, they come and go. are you finally at jpmorgan, do they finally think you're pretty cool now? you stayed long for the last five years. >> that's right. >> thick and thi
back to you guys. >> thanks, michelle. the banking crisis in cyprus keeping global investors on edge. joined by the u.s. equities strategist at jpmorgan. and from charlotte, john lynch, regional chief investment officer at wells fargo. welcome in. and tom, i think back on how many times you've been on and how many times you've probab probably -- we've asked you -- i can put in different scenarios. this time it's cyprus. but how many times have we asked you about, what about this? are you...
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late today president obama released a statement saying, "michelle and i offer our warm wishes to his holiness pope francis. as a champion of the poor and the most vulnerable among us he carries forth the message of love and compassion that has inspired the world for more than 2,000 years." vice president biden will lead the u.s. delegation to the vatican for the formal ceremony making the pope's installation. pope francis is the first pope from the americas. he's the first to take his papal name from st. francis. the friar who more than 800 years ago took a vow of poverty and devoted his life to helping the poor and the sick. in fact, pope francis is known as a humble man of simple habits. the ap says he often rode the public bus to work, cooked his own meals, and often visited poor neighborhoods. francis is also the first pope to come from the jets with order, an order with a long tradition in work and civil rights in this country. this new pope has a unique ability to focus the world's attention on the sick and the poor. the wrongs we inflict on each other and the rights we hold as
late today president obama released a statement saying, "michelle and i offer our warm wishes to his holiness pope francis. as a champion of the poor and the most vulnerable among us he carries forth the message of love and compassion that has inspired the world for more than 2,000 years." vice president biden will lead the u.s. delegation to the vatican for the formal ceremony making the pope's installation. pope francis is the first pope from the americas. he's the first to take his...
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he says, michelle, the markets are rallying. i said, simon, i think it's that the markets don't care all that much about cyprus. it's too small to matter. well, i think one thing the eurozone learned last monday is they were they were potentially going to be a massive run on the banks in europe. they came back down. so if anything, the eurozone has gotten more comfort that there is no contagion risk. why is the market so tough? either market they can just solve this problem and is we don't have to worry or the market doesn't care. i think it's the latter. >> you think the market doesn't care? >> i think the market doesn't care. sicyprus is a tiny economy. its banks are not highly connected with the rest of the international financial system. there is no risk of contagion here. >> adam, actually, of all the ideas you laid out, which do you think is the least bad of all those solutions? is it going ahead and letting the banks fail? >> that would be my preferred route. failure implies that the banks can't pay their depositors. they
he says, michelle, the markets are rallying. i said, simon, i think it's that the markets don't care all that much about cyprus. it's too small to matter. well, i think one thing the eurozone learned last monday is they were they were potentially going to be a massive run on the banks in europe. they came back down. so if anything, the eurozone has gotten more comfort that there is no contagion risk. why is the market so tough? either market they can just solve this problem and is we don't have...
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we toldout about a web site that claimed to have information from the first lady, michelle obama, vice-president joe biden, other government officials and celebs. the secret service and the fbi have joined the lapd in investigating the reports and now hackers have also reportedly targeted kanye west, governor christie, mitt romney, mr. rich himself, richie rich, bill gates in an interview, the president would not confirm the details of the alleged hack. >> we should not be surprised that if you've got hackers who want to dig in and devote a lot of resources, that they can access people's private information. it is a big problem. >> even the white house. >> again, i'm not confirmings that's what happened. >> wow, i wonder if the chinese are also hacking into the white house. the credit reporting agency equifax is confirming hacking. john honey hunt -- john -- jonathan hunt is here. >> the names involved do not want to confirm or deny the reality of any of this information. we told you a couple days ago some phone numbers were leading to other places. the seed and garden reply for the number for v
we toldout about a web site that claimed to have information from the first lady, michelle obama, vice-president joe biden, other government officials and celebs. the secret service and the fbi have joined the lapd in investigating the reports and now hackers have also reportedly targeted kanye west, governor christie, mitt romney, mr. rich himself, richie rich, bill gates in an interview, the president would not confirm the details of the alleged hack. >> we should not be surprised that...
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. >> brown: spencer michels has the story of the high tech splash of lights transforming san francisco's bay bridge into a work of art. >> it was overwhelming. it was really very, very exciting. it's meant to be open ended, highly subjective so you can just relax, view the piecend take fom iwhat you will. >> woodruff: and r suarez looks at life in japan, two years after the devastation caused by the tsunami and nuclear disaster. >> brown: that's all ahead on tonight's "newshour." >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and friends of the newshour. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to yo pbs station froviewers like you thank yo >> woodruff: china officially installed its new leader today. xi jinping took
. >> brown: spencer michels has the story of the high tech splash of lights transforming san francisco's bay bridge into a work of art. >> it was overwhelming. it was really very, very exciting. it's meant to be open ended, highly subjective so you can just relax, view the piecend take fom iwhat you will. >> woodruff: and r suarez looks at life in japan, two years after the devastation caused by the tsunami and nuclear disaster. >> brown: that's all ahead on tonight's...
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Mar 20, 2013
03/13
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michele bachmann has certainly not answered my questions and others in the past but she generally is -- stops and is polite and smiles, a different kind of an experience there to say the least. i also didn't get why she was sort of trying to turn her back on me when she was the one who made the comments about the president's dog walker that were questionable at best. i think it's important for our viewers to know the context of this, which is that anderson cooper and his team have a regular segment. everybody knows keeping them honest where we hold lawmakers and the elected officials accountable. republicans and democrats. michele bachmann is maybe a special case for them because a couple years ago she said things that are, you know, questionable before, but particularly on their show she said that the president spends $200 million a day for example to go to india which turned out not to be true. she said that to anderson. when it came to this, anderson's people saw it. they asked me to request an interview. i did and was told no so i went to the regular house republican meeting wher
michele bachmann has certainly not answered my questions and others in the past but she generally is -- stops and is polite and smiles, a different kind of an experience there to say the least. i also didn't get why she was sort of trying to turn her back on me when she was the one who made the comments about the president's dog walker that were questionable at best. i think it's important for our viewers to know the context of this, which is that anderson cooper and his team have a regular...
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Mar 20, 2013
03/13
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joining us from cyprus is our chief international correspondent michelle caruso-cabrera. michelle? >> hi there, scott. >> as a result of rejecting that plan last night in parliament and now it's plan b and it's emergency meeting after emergency meeting to try to fig you out a way for this government to come down in euros in either savings or revenues in order to get a $10 billion euro loan to bail out their banks. they've got to come up with that number or else we'll come up with a meltdown. in the wakes of the vote yesterday told the cypriots. don't think you're negotiating this deal. don't come back to us. it was a toughly-worded statement. russia, by the way, is not buying one of the troubled banks. there had been a report that that was going to happen that briefly spiked the euro. and one of the government spokespersons immediately said it was false and we saw that rally disappear. there's a cabinet meeting two hours from now and at some point they've got to announce, what are they going to do about the banks tomorrow? are they going re-open or not? it seems implausible at this
joining us from cyprus is our chief international correspondent michelle caruso-cabrera. michelle? >> hi there, scott. >> as a result of rejecting that plan last night in parliament and now it's plan b and it's emergency meeting after emergency meeting to try to fig you out a way for this government to come down in euros in either savings or revenues in order to get a $10 billion euro loan to bail out their banks. they've got to come up with that number or else we'll come up with a...
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Mar 16, 2013
03/13
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we had michele bachmann, newt gingrich, scott walker. what were the highlights there? >> reporter: absolutely. well, in gingrich and bachmann, you have two former presidential candidates who are really very still popular within the conservative movement, and bachmann in particular really hit on some notes that conservatives were interested in hearing, mentioned benghazi at some length. scott walker has been makes noises all right about 20916 te -- 20 2016. this crowd, it's a group you would really want on injure side -- your side. people who would really work for you. >> i'm curious about the reaction to rob portman's announcement that he's in favor of gay marriage. are you hearing any rumblings about that? >> reporter: i spent yesterday afternoon talking to attendees about that. there seemed to be an age divide. some of the older folks who are here who i talked to said the party really should stay on the traditional marriage sort of value front whereas this place is about half college students. i talked to a lot of college students, and they said, you know what? we re
we had michele bachmann, newt gingrich, scott walker. what were the highlights there? >> reporter: absolutely. well, in gingrich and bachmann, you have two former presidential candidates who are really very still popular within the conservative movement, and bachmann in particular really hit on some notes that conservatives were interested in hearing, mentioned benghazi at some length. scott walker has been makes noises all right about 20916 te -- 20 2016. this crowd, it's a group you...
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Mar 18, 2013
03/13
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michelle caruso-cabrera with the latest on this developing story. >> instead of the tradition route of severe austerity across the country with much higher taxes and pay cuts, instead what they did was they taxed bank deposits. they're calling it a tax. a lot of folks are calling it a seizure. here's what's significant. even small depositors below the insurance threshold are going to get hit. the original number for small depositors below 100,000 euros was 6.5%. they're working in parliament right now about shifting that and any other subsequent plan suggests that if you have insured money it will still get hit. what did we see over the week whend this announcement happened on yesterday? runs on the atms at the banks in cypress because they'd shut down the banks as a result of this. they stopped all wire transfers and you also if you tried to take money out they had partitioned out the amount of money that you were supposed to be giveing to the government each though there hasn't been a vote in parliament. why did cypress need a bailout? its banks are bust. the reason the banks in sicy
michelle caruso-cabrera with the latest on this developing story. >> instead of the tradition route of severe austerity across the country with much higher taxes and pay cuts, instead what they did was they taxed bank deposits. they're calling it a tax. a lot of folks are calling it a seizure. here's what's significant. even small depositors below the insurance threshold are going to get hit. the original number for small depositors below 100,000 euros was 6.5%. they're working in...
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Mar 21, 2013
03/13
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michelle is live in cyprus with the very latest on the story. michelle? >> we'll come back to michelle in a moment. >> in the meantime, we're going to take a quick break here. we ask you what yoga pants? find out if the company's problem with sheerness is a temporary hiccup. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >>> >>> hi. i'm here in cyprus where the financial crisis -- i'm live in cyprus. welcome back to cnbc. take a look over my shoulder. what you see is a line at an atm. right now it's ten deep. it's been running 20 deep all day long at all the branches of this bank. it's one of the weakest in cyprus. it's one of the ones under threat as this country grapples with the financial crisis and secures a bailout from the european partners. this is rapidly becoming a cashless society because
michelle is live in cyprus with the very latest on the story. michelle? >> we'll come back to michelle in a moment. >> in the meantime, we're going to take a quick break here. we ask you what yoga pants? find out if the company's problem with sheerness is a temporary hiccup. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars....
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Mar 13, 2013
03/13
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last night we told you about a web site that claimed to have financial information from first lady michelle obama. the vice president joe biden other government officials. lots of celebrities. the white house will not confirm that: the white house confirms they are indeed investigating. president obama has nominated the next ambassador to libya six months after militants stormed our embassy in benghazi and killed ambassador chris stevens and three others americans. debra k. jones is a career diplomat who served in american embassies in kuwait, united arab emirates and syria. she also worked in u.s. embassies in turkey and ethiopia. if confirmed she would head the diplomatic mission in tripoli where we have seen increased tensions and tighter security since ambassador stevens' murder. florida's lt. governor abruptly resigned on wednesday after the feds linked her to illegal gambling ring. the republican governor rick scott said he accepted jennifer carroll's resignation. she stepped down hours before federal and state announced they have charged 57 people in an alleged conspiracy. they say t
last night we told you about a web site that claimed to have financial information from first lady michelle obama. the vice president joe biden other government officials. lots of celebrities. the white house will not confirm that: the white house confirms they are indeed investigating. president obama has nominated the next ambassador to libya six months after militants stormed our embassy in benghazi and killed ambassador chris stevens and three others americans. debra k. jones is a career...